Interfocus poised to swoop on Osprey

Interfocus, the integrated marketing agency, will today announce that it has acquired the listed advertising group Osprey Communications.

Osprey, which counts Friends Provident and Calor Gas among its clients, is listed on the London Stock Exchange. It is headed by chief executive Chris Still and chairman Jack Rubins, who holds a 20 per cent stake.

Osprey's shares were suspended earlier this year when the company attempted a merger with architects HLM. That deal has now fallen through.

Earlier this week the Lowe Group sold its majority holding in Interfocus to chief executive and co-founder, Matthew Hooper, for an undisclosed sum. Hooper in turn sold a 60 per cent stake in the company to Maxxcom, a Canadian marketing communications specialist.

At the time, Hooper said the sale would give him the funds to make "acquisitions in advertising, direct marketing, new media and design."

About this article

Interfocus poised to swoop on Osprey

This article was published on
the Guardian website
at 09.50 EDT on Wednesday 6 September 2000.
It was last modified at 09.50 EDT on Tuesday 17 October 2000.
It was first published at 09.50 EDT on Tuesday 17 October 2000.